lexigraciemathi695 lexigraciemathi695

14-01-2021
Business

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Total variable costs ________ with decreasing output. A) always increase B) always decrease C) initially increase and then decrease D) initially decrease and then increase

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tutordamola tutordamola

15-01-2021

Answer:

The answer is B.

Explanation:

Total variable cost always increases as output(unit of production) increases. And it also decreases with decreasing output(unit of production).

Variable cost is different from fixed cost in that it changes with output.

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